The SEC's Rule Titled "Interactive Data to Improve Financial Reporting

question 8

Short Answer

The SEC's rule titled "Interactive Data to Improve Financial Reporting" resulted in which of the following?
A. XBRL International now creates yearly taxonomies for XBRL filing.
B. Publicly traded companies must now format their financial statements using XBRL.
C. U.S. banks must submit their quarterly "Report of Condition and Income" using XBRL.
D. Updated the XBRL specification to the most current version.